CryptoQuant chief executive Ki Young Ju still thinks altcoins could shine despite the difficult macro headwinds. Last week, Young Ju predicted that altseason would begin in late 2024 or early 2025. In the wake of plunging crypto and stock prices over the weekend and on Monday, the analytics firm CEO reiterated this week that his […]

During the bloodbath that plagued financial markets on Monday, Cathie Wood’s investment management firm Ark Invest loaded up on shares of the largest American cryptocurrency exchange, Coinbase, ending months of selling the stock. According to a tweet from Ark Invest outlining its trade activity for August 5, the company purchased 93,797 Coinbase shares (COIN) worth […]

Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.

Market may drop even further as things are very unclear

In a strategic move to counter Donald Trump’s growing appeal within the cryptocurrency industry, Democrats have launched the “Crypto for Harris” campaign, FOX Business’ Eleanor Terrett reported today. This initiative, led by a pro-Kamala Harris advocacy group, aims to rally support from crypto voters for Vice President Harris as she vies for the presidency. JUST IN: 🇺🇸 […]

TL;DR Grayscale Investments introduces two new trusts: Grayscale® Bittensor Trust and Grayscale® Sui Trust. Trusts respond to the growing demand for diversified investment options in cryptocurrencies. The Grayscale® Bittensor Trust invests in Bittensor’s TAO token, while the Grayscale® Sui Trust focuses on the Sui protocol’s SUI token. Grayscale Investments, the world’s largest crypto asset manager, […]

TL;DR The most severe crypto market correction remains that of March 2020, with a 39.6% drop in a single day, reducing the market capitalization to $135.14 billion. In 2024, the largest decline has been 8.4% on March 20, and the recent August correction has not been significant enough to qualify as a correction. Historically, the […]

Hackers are reaping the rewards after exploiting a Ronin (RON) bridge for $10 million in Ethereum (ETH). According to the gaming-focused blockchain’s X account, white hat hackers have returned $10,000,000 in USDC to the network and will receive $500,000 in compensation for their efforts. “The ETH (~$10 M) has been returned and we expect that […]

Lack of L2 interoperability has been a bottleneck for seamless user experience and the creation of new decentralised applications  Following an earlier statement on L2 interoperability issues, Vitalik Buterin highlighted several proposals offering distinct solutions to these challenges. Buterin also predicted that all rollups would eventually transition to zero-knowledge (ZK) rollups, though this shift might […]

Chainalysis debunks several myths, demonstrating the widespread utility of crypto and dismissing its criminal associations. Despite a common misconception, transactions made via crypto are pseudonymous, not anonymous, with activities traceable via blockchain and KYC regulations. Evidence shows that regulatory tools effectively trace and manage crypto’s use in crimes, reinforcing its legitimacy. From crypto is for […]

India has no immediate plans to regulate cryptocurrency sales and purchases · The government is assessing crypto risks and benefits, aiming for a …

Solana (SOL) holders are making a bold move by transitioning their investments into Mpeppe (MPEPE), a new player that’s capturing the imagination of the crypto community. With its unique blend of sports passion and blockchain innovation, Mpeppe (MPEPE) is emerging as a major contender poised to redefine the meme coin market and beyond. Solana (SOL) […]

The combination of technological advancements, cultural factors, and increasing financial diversification suggests that decentralized prediction markets could thrive on the continent.

Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled over a week ago and […]

District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the rule […]

[PRESS RELEASE – Arizona, United States, August 7th, 2024] Size Credit is the first fixed-rate primitive to solve fractured liquidity with its unique yield curve order book model and enable users to structure loan terms around any tenor. According to the team, fixed-rate lending is the world’s largest financial market but until now has struggled […]

Bitcoin is entering recovery, with price of first cryptocurrency exceeding critical $55,000 threshold

The Financial Conduct Authority (FCA) has recently conducted an assessment of cryptocurrency firms to ensure their compliance with new financial promotion rules aimed at improving consumer understanding of crypto investment risks. These rules, which came into effect in October 2023, were introduced following consultation and legislative changes. FCA Scrutinizes Crypto Firms The review by the […]

Seasoned trader Peter Brandt is suggesting that Bitcoin (BTC) may be gearing up for a massive breakout after Monday’s sharp decline. Brandt tells his 732,800 followers on the social media platform X that Bitcoin may be repeating a similar pattern from two cycles ago after falling into the $49,000 range. “Please note that BTC decline […]

TL;DR Ethena Labs has integrated its synthetic stablecoin USDe into the Solana blockchain, aiming to overcome challenges associated with stablecoins and provide a robust and decentralized alternative. USDe is a crypto-native synthetic asset that stands out from traditional stablecoins due to its scalability and censorship resistance. The integration with Solana is due to the blockchain’s […]

TL;DR Arbitrum has integrated USDC as a custom gas token for Orbit chains, simplifying transaction fee payments and improving cost stability. The incorporation of USDC offers predictability in transaction costs and eliminates the need for multiple tokens to cover gas fees. Developers will be able to apply for grants through Circle’s USDC Grant Program and […]

Economic Climate Favors Cryptocurrency. The macroeconomic environment is also conducive to the growth of digital currencies. With a potential cut …

In the fast-paced world of cryptocurrency, Pepecoin (PEPE) and Mpeppe (MPEPE) have emerged as standout contenders, each making significant strides with impressive gains. As the crypto market evolves, these two meme coins are capturing attention with their unique attributes and substantial growth. Let’s explore why Pepecoin (PEPE) and Mpeppe (MPEPE) are currently dominating the market […]

Grayscale has added the Bittensor protocol and the Sui network to its list of crypto investment products.

Founder of BitMEX, Arthur Hayes, predicts Bitcoin could top US$1 million this cycle—driven largely by continued money printing in the US. Hayes also says the result of the US presidential election will be fairly meaningless for crypto, as regardless of the result, both candidates will continue to print money, driving up the price of crypto. […]

In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. The bounce brought the bulls […]

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems […]

Bitcoin’s price could be on verge of explosion if some buying power reappears on market

Cardano managed to find support at 31 cents after a brutal crash. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Bounce in Progress After Crash On Monday, ADA briefly visited 27 cents before buyers returned to lift the price above the support at 31 cents. Since then, buyers managed to keep a grip on […]

The UK’s Financial Conduct Authority (FCA) has intensified its crackdown on crypto firms, issuing over 1,000 warnings and removing 48 apps from UK app stores since new financial promotion rules took effect last October, Coindesk reported. This enforcement highlights the regulator’s commitment to safeguarding consumers in the rapidly evolving crypto market. Aggressive Stance on Crypto […]

Mt. Gox creditors defy expectations by holding onto their Bitcoin despite a decade-long wait to get their hands on it.

An analyst who accurately called the most recent crypto correction is issuing a dire warning to Ethereum (ETH) holders. Crypto strategist Benjamin Cowen tells his 845,000 followers on the social media platform X that Ethereum looks poised to repeat its massive corrections witnessed during the 2016 and 2019 market cycles. According to Cowen, a similar […]